The Owens Family Foundation
The Owens Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.2M in total assets. In 2024, it awarded 9 grants totaling $2.4M. Net investment income was $3.5M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36.2M
+3.0% YoY
Annual Giving
$2.4M
+0.5% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$271K
+0.5% YoY
Under IRS private-foundation payout rules, The Owens Family Foundation reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
About The Owens Family Foundation
Based on IRS filings
The Owens Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.2M in total assets. In 2024, it awarded 9 grants totaling $2.4M. Net investment income was $3.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $36,213,881 | $35,173,409 | $34,351,973 |
| Revenue | $4,230,459 | $3,268,884 | $1,993,711 |
| Expenses | $2,480,086 | $2,447,448 | $2,281,614 |
| Qualifying Distributions | $2,443,000 | $2,429,700 | $2,221,540 |
| Net Investment Income | $3,450,436 | $2,166,636 | $1,815,170 |
| Distributable Amount | $1,834,559 | $1,794,131 | $1,819,081 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Virginia ($1,596,000), Marine Biological Lab ($292,000), Beth Israel Deaconess Medical Center Inc ($167,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BETH ISRAEL DEACONESS MEDICAL CENTER INC BOSTON, MA | TO SUPPORT ORGANIZATION'S MISSION | $167,500 |
| BUZZARDS BAY COALITION NEW BEDFORD, MA | TO SUPPORT ORGANIZATION'S MISSION | $25,000 |
| HISTORIC NEW ENGLAND BOSTON, MA | TO SUPPORT ORGANIZATION'S MISSION | $10,000 |
| MARINE BIOLOGICAL LAB WOODS HOLE, MA | SCIENTIFIC RESEARCH | $292,000 |
| NVNA & HOSPICE NORWELL, MA | GERRY SANDERSON EDUCATION FUND | $100,000 |
| SOUTH SHORE HEALTH SYSTEM FOUNDATION SOUTH WEYMOUTH, MA | TO SUPPORT ORGANIZATION'S MISSION | $50,000 |
| UNIVERSITY OF VIRGINIA CHARLOTTESVILLE, VA | THE COLLEGE FUND | $1,596,000 |
| WELLINGTON MANAGEMENT FOUNDATION BOSTON, MA | TO SUPPORT ORGANIZATION'S MISSION | $100,000 |
| WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH CAMBRIDGE, MA | SCIENTIFIC RESEARCH | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDA B OWENS | TRUSTEE | 10 | — |
| JOHN E OWENS | TRUSTEE | 30 | — |
| KEVIN A BULLOCK | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Owens Family Foundation?
The Owens Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWELL, MA. It holds $36.2M in total assets as of 2024.
How large is The Owens Family Foundation?
As of 2024, The Owens Family Foundation holds $36.2M in total assets with $4.2M in annual revenue. It awarded 9 grants totaling $2.4M in 2024.
Where does The Owens Family Foundation operate?
The Owens Family Foundation has awarded grants in Massachusetts, Virginia.
What size grants does The Owens Family Foundation award?
In 2024, The Owens Family Foundation awarded 9 grants totaling $2.4M — an average of about $271K per grant, based on its IRS Form 990 filings.
How much is The Owens Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Owens Family Foundation reported a distributable amount of $1.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Owens Family Foundation's EIN?
The Owens Family Foundation's EIN (Employer Identification Number) is 31-6652818. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Owens Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.